507/20 Park Avenue, Ellerslie, Auckland City, Auckland

VIEWINGS: STRICTLY SUNDAY 2-3pm only (due to being currently tenanted)

Auction Date: Wednesday 19th March 2025 @ 6:30pm

Elevate your lifestyle in this luxurious studio apartment nestled in the prestigious Park Avenue, The Residences at LQ Ellerslie. Perfect for discerning professionals or couples, this apartment offers a haven of comfort and convenience with panoramic city views. Owner-occupiers and investors alike will appreciate the elevated urban aspect with every desired lifestyle amenity only moments away.

Currently rented at a 6.5%+ return on investment.

Exceptional Features:

Freehold Studio Apartment: Enjoy the freedom and security of owning your space

Rental Appraisal: $500 per week (furnished)

Rates (per annum): $112.15

Body Corp Fees (per annum): $1,884.34

Rental Yield: A lucrative nearly 7%

Luxurious Amenities:

Premium Bathroom: Revel in the beautifully appointed bathroom with premium fixtures

Residents' Rooftop Garden: Enjoy the free use of the rooftop garden and BBQ area, an ideal spot to soak in the summer vibe

On-Site Gym: Stay active with complimentary access to the on-site gym facilities

Prime Location:

Ellerslie Township: Immerse yourself in the vibrant atmosphere of Ellerslie with its diverse restaurants, local shopping, and easy access to public transport

School Zoning & Proximity:

Schools: In addition to being within the school zone for One Tree Hill College, Ellerslie School, and Baradene College, this prime location boasts proximity to numerous prestigious private schools

Convenient Access: Easily connect to Auckland's Motorway network

Transportation: A mere 5-minute walk to the Ellerslie Train Station

Shopping Hub: Newmarket is only an 8-minute drive away

City Access: Downtown Auckland is a short 15-minute drive

Retail Therapy: Sylvia Park is just a 9-minute drive away

Don't miss out on this exceptional lifestyle opportunity-secure your spot in this prime Auckland address today